Ojo, Mariane.B. (2010) Strengthening the Resilience of the Banking Sector: Proposals to Strengthen Global Capital and Liquidity Regulations. Bank for International Settlements (BIS) Publications.
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Abstract
As well as addressing the Basel Committee's proposals to strengthen global capital and liquidity regulations, this paper also considers several reasons why information disclosure should be encouraged. These include the fact that imperfect information is considered to be a cause of market failure which “reduces the maximisation potential of regulatory competition”, and also because disclosure requirements would contribute to the reduction of risks which could be generated when granting reduced capital level rewards to banks who may have poor management systems. Furthermore it draws attention to the need for greater measures aimed at consolidating regulation within (and also extending regulation to) the securities markets – given the fact that „the globalisation of financial markets has made it possible for investors and capital seeking companies to switch to lightly regulated or completely unregulated markets
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
Depositing User: | Mr Solomon Bayoko |
Date Deposited: | 08 Nov 2013 19:14 |
Last Modified: | 08 Nov 2013 19:14 |
URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/1871 |
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